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The Role of Business Intelligence in The Modern Commercial Organization

Smart Data Collective

They need to ask important questions such as what is the turnover, how much was the profit and what are the cost dynamics. To look at reports and give the command to optimize everything and cut costs to increase profits? With the help of BI, the sales department has a tool for planning and evaluating the execution of plans.

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5 Industries That Are Being Revolutionized By Big Data

Smart Data Collective

IBM wrote an excellent report about the use of big data in the retail sector. This kind of information ensures that retailers can understand their customers better and implement what is needed to keep their customers happy and returning. In this article, we reveal five industries which have been reshaped by big data technology.

Big Data 278
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Big Data Is Already A Thing Of The Past: Welcome To Big Data AI

Smart Data Collective

Cytora is a company that operates in the European and Australian markets for now but plans to expand. Then, it intelligently assigns a risk grade from A to F, with an F-graded business most likely to have the highest claims costs. Some Companies Will Restructure to Maintain Stability As Big Data AI Gains Prominence.

Big Data 219
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Testing New AI Applications is Crucial Before Bringing them to Market

Smart Data Collective

Modern methods of software development take a more systematic approach to testing, in accordance with the IBM Rational Unified Process (RUP). It is very important to identify errors in the early stages of development, since later the elimination of such errors can entail significant costs or even require starting from scratch.

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How Can Blockchain Technology Improve VoIP Security?

Smart Data Collective

It offers savings of up to 90% on international calls, 75% on operational costs , 40% on local call bills, and 30% on phone bills – as reported by Finances Online. IBM’s Security Intelligence report has confirmed that specially designed SIP messages have the potential to create connectivity spikes.

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Moving to the cloud? Choose cloud service providers wisely

Analysts Corner

Is it because of cost-saving and pursuit of flexibility? Expanding on these research findings, Gartner’s Sid Nag noted that cloud technology is what powers modern digital organizations, and those who effectively combine it with other emerging technologies will be more successful in implementing their digital transformation efforts.

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Leveraging AI and Workflow Automation in Manufacturing

Argon Digital

By integrating AI and automation into various processes, manufacturers can unlock a myriad of benefits, leading to increased efficiency, reduced costs, and enhanced overall productivity. Inventory Management : AI-powered demand forecasting can help manufacturers maintain optimal inventory levels, reducing storage costs and avoiding stockouts.